Public Provident Fund (for self or spouse and child only)

Life Insurance Premium (for self or spouse and child only)

ULIP of UTI / LIC (for self or spouse and child only)
Investment in NSC - Only Fresh Invests made in current year (For
Self only)
Principal Loan (Housing Loan) Repayment for fully constructed
property - Self Only
Housing Exp - stamp duty & Registration Fee And Other Expenses
Incurred For Transfer Of Property - Self Only
Contribution to Pension Fund or UTI or Notified Mutual Fund (For Self
only)
Subscription To Notified Equity Linked Savings Schemes (ELSS)
(Lock In Period 3 yrs)] - Self Only
Children Tuition Fee: Restricted to a max of 2 Children
Sec 80CCC - Contribution to Pension Fund - Self Only
HSG Bank - Subscription To Specified Deposit Scheme Or As A
Contribution To Any Such Pension Fund Set Up By National Housing
Bank/UTI (Lock In Period 3 Years) ]- Self Only
Deferred Annuity ( Life Insurance) - Self / Spouse and Child
Investment in Notified Infrastructure Bonds - Self Only
Investment in 5 years Fixed Deposit Scheme (Scheduled Bank) - Self
Only
Deposit in Post Office Savings Scheme (With 5 year lock in period for
self, spouse & children)

 Rajiv Gandhi Equity Savings Scheme (Lock In Period 3 Years) Tax

exemption for Direct Equity Investments if income is less than 12
lacs. The Rajiv Gandhi Equity Scheme would be open only to retail
investors, who would be investing in equity markets for the first time.
Lock in 3 years - For Self Only
Sec 80D - Medical Insurance Premium (If the policy covers (Self /
Spouse and Children)(Maximum deduction allowed U/S 80D =
25000)
Sec 80D - Medical Insurance Premium (If the policy covers
(Dependent Parents) (Maximum deduction allowed U/S 80D = 25000)
Sec 80D - Medical Insurance Premium (If the policy covers (Sr.
Citizen Dependent Parents) (Maximum deduction allowed U/S 80D =
30000)
Sec 80D - Premium paid towards preventive health check-up.
(Maximum deduction allowed U/S 80D = 5000) Inclusive of Limit of
Rs. 25000 Eligibility = Self / Spouse / Children
Sec 80D - Premium paid towards preventive health check-up.
(Maximum deduction allowed U/S 80D = 5000) Inclusive of Limit of
Rs. 30000 Eligibility = Dependent Parents / Sr. Citizen Parents
Sec 80DDB - Medical treatment (specified diseases only)(Certificate
under Form 10I from competent prescribed authority Medical bills,
Exemption of Rs. 40000/- or actual expenditure whichever is lower)
(for self or a dependent)
Sec 80DDB - Medical treatment (specified diseases only)(Certificate
under Form 10I from competent prescribed authority Medical bills,
Where the amount spent is for a senior citizen above 65 years of age
then the deduction is Rs 60000.00 or actual expenditure whichever is
lower) (for self or a dependent sr. citizen)
Sec 80DDB - Medical treatment (specified diseases only)(Certificate
under Form 10I from competent prescribed authority Medical bills,
Where the amount spent is for a senior citizen above 80 years of age

then the deduction is Rs 80000.00 or actual expenditure whichever is

lower) (for self or a dependent sr. citizen)
Sec 80DD - Medical treatment / insurance of handicapped dependent
(Certificate under Form 10 I from competent prescribed authority
Where such dependent is a person with severe disability having any
disability over 80 per cent, then the deduction is Rs 125000.00)
Sec 80U - Self Handicapped [(Disability over 80 per cent, then the
deduction is Rs 125000.00)]
Sec 80E - Payment of Interest on higher education Loan taken for
(Self / Spouse / Child) "higher education" means any course of study
pursued after passing the Senior Secondary Examination or its
equivalent from any school, board or university recognized by the
Central Government or State Government or local authority or by any
other authority authorized by the Central Government or State
Government or local authority to do so